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Binance, Coinbase join West Africa scam crackdown as 28 arrested

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Authorities arrest 28 in Ghana and Nigeria crypto fraud crackdown with Binance and Coinbase support

Law enforcement arrested 28 suspects in Ghana and Nigeria during an international operation targeting cryptocurrency investment fraud networks. Private-sector partners including Binance and Coinbase flagged $11 million in funds for potential freezing, while Meta removed over 3.7 million Facebook and Instagram accounts, pages and groups connected to the schemes.

Oct 18, 2026·3 sourcesCrypto enforcement actionsCryptocurrency fraudCrypto regulationCrypto market integrity & manipulation
Authorities arrest 28 in Ghana and Nigeria crypto fraud crackdown with Binance and Coinbase support
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Other sources for this story

CoinDesk

Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million

Timesofindia

How a Brooklyn crypto cop took down a global scam network